Why am I not surprised--Obamacare estimated cost triple that used to get law passed

Discussion in 'The Intelligence Cell' started by jumpinjarhead, Dec 29, 2012.

Welcome to the Army Rumour Service, ARRSE

The UK's largest and busiest UNofficial military website.

The heart of the site is the forum area, including:

  1. [​IMG]
    The latest estimate, as the chart details, is that Obamacare will cost $2.6 trillion dollars in its first real decade. The bill does not fully go into effect until 2014, therefore the estimate begins with that year.
    "President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law: 'Now, add it all up, and the plan that I’m proposing will cost around $900 billion over 10 years.' Adding up all the different spending provisions in the health care law, however, (including closing the Medicare 'donut hole,' implementation costs, and other spending) total gross spending over the FY 2010–19 period is about $1.4 trillion, based on CBO estimates," the Senate Budget Committee Republican staff explains. "And most of the major spending provisions in the law do not even take effect until 2014. Congressional Democrats delayed these provisions in order to show only six years of spending under the plan in the original 10-year budget window (from FY2010-19) used by CBO at the time the law was enacted. Therefore, the original estimate concealed the fact that most of the law’s spending only doesn’t even begin until four years into the 10-year window. A Senate Budget Committee analysis (based on CBO estimates and growth rates) finds that that total spending under the law will amount to at least $2.6 trillion over a true 10-year period (from FY2014–23)—not $900 billion, as President Obama originally promised."

    N.B. While this is from the Republicans with whom I have no real affinity as most of them are progressivists little different from the Democrats, the underlying data are from the "nonpartisan" CBO.
     
    • Like Like x 1
  2. Of course it goes up, as everything else goes up in price.
     
  3. seaweed

    seaweed LE Book Reviewer

    It must be hiring bods with experience of defence procurement. It will be operated, like all Socialist ventures, for the benefit of the people who run it.
     
    • Like Like x 2
  4. And yet he still won. Quite convincingly in fact. Gotta suck to be a Republican eh?
     
    • Like Like x 8
  5. "Produced by SBC Republican staff. Ranking Member Jeff Sessions."

    Given that particular member's past record on anything vaguely Obama-related, the data's unlikely to be un-massaged. It would be interesting to see the raw data this was produced from - shame it's not referenced on the diagram - and similar predictions using the same methodology for how much the status quo will cost.
     
    • Like Like x 5
  6. Sadly for US seniors this is probably true.

    On the other hand as one of the health providers gorging themselves off the uniquely idiotic generosity of the US voter electing representatives who pander to our lobbyists like we were Israelis, thank you Barry for beating back any rationalization along globally accepted norms and instead stealing Bob Dole's plan conceived by our crazy rightwing chums in bowels of the Heritage Foundation to expand our vast trough of pork, let the good times roll yippee!
     
  7. I reckon that's more down to the republicans talking about homosexuality, abortion, religion and legalised firearms all the time rather than a preference for Obama's medicare changes. I think in this situation Obama was simply the lesser of two evils and only because Romeny is backed by a party who are behaving like idiots at the moment.
     
    • Like Like x 3
  8. well part of the problem was any vaguely sane plan for universal healthcare hits the "grr commies kill button" so this abortion was the result.
    Its far from a sane approach but then again unless you want to throw money at the military every thing the federal goverment attempts is covered in extra spending for pet projects or has to deal with madness

    universal healthcare is expensive even more so when you attempt to deliver the entire thing vie profit making insurance companies who have been allowed to run amock.
     
    • Like Like x 3
  9. Reminds me of an email I received about 2 years ago from relations in the States who are not exactly died in the wool Democrats. It ran something like "if you think health care is expensive now wait till it's for free". Many a true word-------
     
    • Like Like x 2
  10. well part of the problem was any vaguely sane plan for universal healthcare hits the "grr commies kill button" so this abortion was the result.
    Its far from a sane approach but then again unless you want to throw money at the military every thing the federal goverment attempts is covered in extra spending for pet projects or has to deal with madness

    universal healthcare is expensive even more so when you attempt to deliver the entire thing vie profit making insurance companies who have been allowed to run amock.
     
    • Like Like x 1
  11. It's definitely expensive when you're talking about 65 million people (or however big America is) who have mostly been dependent on paying privately for their health. It's an incredibly large change to make and legislate and most of the money must surely go down the beauraucracy tubes as opposed to being pushed into the industry.

    The problem with America isn't that health care needs to be free it's that it needs to be reasonably priced. Their insurance rates are sky high and their service charges and prescription charges are through the roof. The entire industry is a racket. You think somebody as clever as Obama would just simply try to legislate business within the healthcare sector to make it reasonable and affordable at the point of use rather than throw it for free at a large populace by paying private companies anyway.
     
    • Like Like x 1
  12. It is hard to imagine a system more conducive to ballooning costs US one. Vast privatized insurance bureaucracies are common to the French and Swiss systems as well but the far less regulated Septics go an extra mile in milking a higher percentage from the extortionate premiums. This parasitic layer can't even perform it's basic role of cost control as vast hospital cartels dominate the market and simply deny their customers service if procedure application and costs are questioned. Profit motivated physicians cynically exploit their trusting patients carrying out highly questionable procedures that often damage their health while living in fear of being opportunistically sued for less legally normal malpractice. Government often seems intent on shoring up drug prices no other county would tolerate. It's all a huge scam taking advantage of the vulnerable old and healthcare inflation continues to soar as that is what the system is built to create.
     
    • Like Like x 5
  13. Money, money, money, money, money. So much money you can't even spend it! Yum, yum, I'm having $50 notes for my cereal!

    It's getting a bit desperate. They need to make some kind of change soon. Although they're not the only ones.
     
  14. It could be worse, you could have a Health Care system with "Death Squads" like Canada has........no wait....that was made up and spouted around as true by that well known Philosopher Sarah Palin.

    With any system, in any country, costs are bound to escalate and/or bound to fail when Governments allow the Private Sector to Bill the Public Sector. In theory all these systems look wonderful but in reality the Government pulls out a left tit (Democrat) until it's sucked dry, then inexplicably hangs out the right tit (Republican) until both are saggy, wrinkled and bust. :pissed:
     
  15. Erm...the inflation rate is in the single digits---300% increase seems a bit more---at least to my simple mind. My specific point is those pushing Obamacare at the time of passage apparently cooked the books to lowball the real cost. Since a majority of Americans were and remain against Obamacare, I wonder if it would have passed were the real cost estimates made public.


    Posted from the ARRSE Mobile app (iOS or Android)